June 15, 2026

Latest News

E-Land shutters stores as profit tumbles

E-Land shutters stores as profit tumbles

South Korean retail giant E-mart is closing loss-making specialty stores as it responds to falling sales in a gloomy retail market. After closing outlets in its discount Pierrot Shopping network…
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LightInTheBox sees strong third-quarter growth

LightInTheBox sees strong third-quarter growth

Beijing-based e-commerce retailer LightInTheBox achieved US$59.9 million sales in its third quarter to September, up 35 percent year on year. LightInTheBox said third-quarter net income was US$10 million, in contrast…
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7-Eleven India plans 1000+ stores in Mumbai

7-Eleven India plans 1000+ stores in Mumbai

7-Eleven India is poised to launch in Mumbai, marking the first major international convenience-store chain to take on local players. Master franchisee Future Group’s founder and CEO Kishore Biyani said…
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AXA Consortium Nets Student Housing Portfolio

AXA Consortium Nets Student Housing Portfolio

The acquisition aims to capitalize on the high demand for student housing in Australia, the third most popular country for international students. A joint venture comprising AXA Investment Managers – Real Assets,…
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China Wants Macau as Financial Hub

China Wants Macau as Financial Hub

Beijing has directed state-owned banks and enterprises to help set up infrastructure in Macau to aid financial diversification, and to serve as a contingency plan if the situation in Hong…
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